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In this area, houses of this size normally have 4 bedrooms with a garden.
40A, Well Lane, Walsall has an estimated sale value of £221,484 and an estimated rental value of £1,201 per month, assuming reasonable condition and based on the information available.
Well Lane, Walsall, WS3 lies in the borough of Walsall, within the WS3 postal district.
40A, Well Lane, Walsall has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 40A, Well Lane, Walsall would be worth £232,559, with a potential rental value of £1,261 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £205,980, with a rental value of £1,117 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40A, Well Lane, Walsall has risen by £401 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (2.4%). The property's estimated gross yield is currently 6.5%.
40A, Well Lane, Walsall occupies a 279 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 4th largest.
40A, Well Lane, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40A, Well Lane, Walsall last changed hands on 25th June 2024, selling for £210,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 15.2% since June 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 40A, Well Lane, Walsall across the last 2 years.
Most recently, 12, Dipper Way, Walsall, WS3 1EE, a freehold house, sold at £241,000 on the 9th August 2024.
Read more about house prices in WS3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40A, Well Lane, Walsall as the 7th largest and the 7th most expensive of the 168 addresses on Well Lane, Walsall, WS3.
Against the WS3 postcode district average, it is £5k more expensive than the typical property.
Bloxwich station is the nearest stop to 40A, Well Lane, Walsall at 1.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40A, Well Lane, Walsall, 36.6% of property is socially rented and 30.7% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40A, Well Lane, Walsall, 29.0% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40A, Well Lane, Walsall, the average age was 32.2 and the most common age was 7.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40A, Well Lane, Walsall, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40A, Well Lane, Walsall, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.